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PMC Fincorp's Board approved the allotment of 9 crore fully convertible warrants at Rs. 2.62 each, raising Rs. 23.58 Cr from non-promoters. This will increase the fully diluted equity share capital to 80.21 Cr. Further, following the proposal from the Nomination and Remuneration Committee, Mr. Puneet Arora was appointed as an Executive Director. A seasoned Chartered Accountant with over 16 years experience in financial markets, audit, and investment management, his expertise in capital market operations and financial structuring is set to strengthen the company's strategic direction.